In a New York Times Magazine article, Milton Friedman said, “The fundamental mission of a corporation is to provide goods and services at a profit, and in doing so the corporation gives its all contribution to society and is therefore socially responsible” (Friedman, 1970). Friedman's belief is a core concept of the equity corporate governance model. Clearly, Company Q's behavior indicates that it adheres to the Freidman Principle. Their only concern is to increase the wealth of their shareholders and investors without regard for the negative impact their actions cause in the community. Company Q closed two stores in high-crime neighborhoods claiming that these stores were consistently losing money. Company Q also refused a request from the neighborhood food bank to donate day-old goods, choosing to dump them instead. The company said donating the assets would make them vulnerable to loss of revenue due to possible employee fraud and theft. Their accusation of lost revenue is completely unfounded because no revenue is derived from food dumping. In both of these scenarios, Company Q shows callous disregard for the community that protects it. Despite knowing that the job losses caused by their withdrawal would further burden the economy of an already struggling community, they persisted in withdrawing. Furthermore, their refusal to donate to the food bank using such flimsy and unfounded reasoning demonstrates the company's poor corporate citizenship. The stakeholder model of corporate governance is the exact opposite of the shareholder model, under which Company Q currently operates. This model holds a company accountable not only to its shareholders but also to other entities. Responsible policies and corporate culture improve a company's image and reputation, thus attracting the most highly qualified and competent individuals. qualified personnel on the market. Company Q operates under the ideal of having no responsibility to its stakeholders, only their shareholders. This model of corporate governance is unethical and harmful to both the company and the community. Company Q's implementation of the above measures will enhance its reputation and image allowing it to reap the benefits of being a good corporate citizen. Works CitedFerrell, O. C. (2010). business ethics, ethical decision making, and cases, 2009 update. (7th ed., p. 40). Mason: Learning Southwestern Cengage. DOI. www.cengage.comFriedman, M. (1970, September 13). The social responsibility of a company is to increase its profits. New York Times Magazine. DOI. www.nytimes.com